Background*

Mr. Luis Alejandro Pagani has been the President and Chief Executive Officer of Grupo Arcor (Formerly Arcor Group) since 1993. Mr. Alejandro began his career with the Arcor in 1983 as Chief Commercial Officer. He has also been the President of the Asociacin Empresaria Argentina (AEA) since 2002; Secretary to Fundacin Carolina de Argentina since 2003; and Vice President of the Argentine-Mexican Chamber of Commerce. He serves as the Chairman of Board of Directors at Grupo ... Arcor Sociedad Anonima (Also known as Arcor S.A.I.C) and Grupo Arcor Buenos Aires, Argentina. He has been a Director of Praxair SA since 2002 and Bimbo SA since 2004. He serves as Director of Repsol YPF and Loma Negra. Mr. Alejandro Pagani serves as a Member of the Advisory Council of Latin American Export Bank. He also serves as a Member of Advisory Board at Grupo Bimbo SAB de CV. He served as member of Latin American Advisory Board of Deutsche Bank AG since January 2008. He served as a Director of YPF Sociedad Anonima (YPF SA) since 2005. Mr. Alejandro Pagani served as a member of the Advisory Council of Banco Latinoamericano de Comercio Exterior, S.A. Mr. Alejandro Pagani Graduated at Universidad Nacional de Crdoba (Argentina) as a National Public Accountant, and completed a coursework in Marketing in New York University.

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